Discussion

• @nayibbukele @nayibbukele on x

  The #BitcoinLaw has been approved by a supermajority in the Salvadoran Congress. 62 out of 84 votes! History! #Btc🇸🇻

• @nayibbukele @nayibbukele on x

  I've just sent the #BitcoinLaw to Congress 🇸🇻 https://twitter.com/...

• @neerajka Neeraj K. Agrawal on x

  Here's the El Salvador bill text translated. Article 7 seems to be the most interesting. https://freopp.org/... https://twitter.com/...

• @avik Avik Roy on x

  I've transcribed the English version of @nayibbukele's #Bitcoin Law @FREOPP for easier analysis. The bottom line: this is about as robust an endorsement of #bitcoin as legal tender as one could expect. https://freopp.org/...

• @elidourado Eli Dourado on x

  Omg. Article 7 requires every “economic agent” to accept bitcoin. It's going to be interesting since the entire Bitcoin blockchain only has enough throughput to allow every Salvadoran to do one L1 transaction every 20 days (assuming no one else in the world uses it at all). https…

• @balajis @balajis on x

  The El Salvador experiment will be interesting to watch. My hunch is that scaling will be “solved” by de facto custodial wallets with peering agreements and infrequent L1 events. But so long as redemption is feasible, this is like a digital-gold-backed digital currency. https://t…

• @greatstockpicks Zalmy on x

  Biggest “catalyst” for bitcoin since inception. Watch for other countries to follow... https://twitter.com/...

• @prestonjbyrne Preston Byrne on x

  El Salvador is dumping its dollars for Bitcoin by providing a means for merchants to accept BTC but receive USD from the state. https://twitter.com/...

• @deepakshenoy Deepak Shenoy on x

  This is a remarkable development. I have no idea of the size of the economy of El Salvador, but I hope this helps them. 70% unbanked population can do wonders with hopefully close to instant money transfers. https://twitter.com/...

• @satoshilite @satoshilite on x

  I just searched my old emails and saw that June 8, 2011 was the day I got into Bitcoin. Today is exactly 10 years since that day. It is the first time I got goosebumps from something happening in this space. History will look back on this day as a major turning point for Bitcoin!…

• @balajis @balajis on x

  Amazing. If I'm reading this right, all economic agents that are technologically capable of receiving BTC as payment *must* accept it as payment — though instant conversion to USD is made available to anyone who doesn't want to take price risk. A mandate for Bitcoin! https://twit…

• @ftx_official FTX on x

  To any of our El Salvadoran friends: You can add the ability to accept BTC to your website in a few minutes using FTX pay https://ftx.com/pay You just make the app and copy the code to your site https://twitter.com/...

• @nayibbukele @nayibbukele on x

  I've just instructed the president of @LaGeoSV (our state-owned geothermal electric company), to put up a plan to offer facilities for #Bitcoin mining with very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos 🌋 This is going to evolve fast! 🇸🇻 https://twit…

• @steve_hanke Steve Hanke on x

  #BREAKING: #ElSalvador has become the first country to adopt #Bitcoin as legal tender. This suggests that dark forces have captured the state. The economic risk of an economic collapse in El Salvador have gone from trivial to significant. https://www.reuters.com/...

• @brian_armstrong Brian Armstrong on x

  Pretty incredible moment! Exciting https://www.bbc.com/... https://twitter.com/...

• @tobs_of Tobs on x

  It makes sense that the early adopters would be countries with no monetary policy and hence nothing to lose. https://twitter.com/...

• @xrpyoda @xrpyoda on x

  This will give #btc its final rally then it will hit the fib and crash hard then there will be carnage in el slavador https://twitter.com/...

• @michael_saylor Michael Saylor on x

  #Bitcoin mining is the world's best technology for converting energy into prosperity. https://twitter.com/...

• @apompliano Pomp on x

  The President of El Salvador came up with an idea for geothermal mining from volcanoes last night on Twitter and has already put the plan into motion. Speed kills. @nayibbukele isn't playing around 🔥 https://twitter.com/...

• @jakeowen Jake Owen on x

  Let's gooooooo El Salvador 🇸🇻!! Pretty cool news https://twitter.com/...

• @bitfurygeorge George Kikvadze on x

  Call for leaders of two brotherly European countries Georgia 🇬🇪 @GharibashviliGe & Ukraine 🇺🇦 @ZelenskyyUa to follow lead of President @nayibbukele of El Salvador 🇸🇻 making #Bitcoin country's legal tender. Will bring massive FDI, Investments & Innovation. https://www.reuters.com/…

• @prestonpysh Preston Pysh on x

  The Sovereign level game theory for countries with abundant renewable energy is about to get wild! Lots of smaller nation states taking aggressive notes. https://twitter.com/...

• @tyler Tyler Winklevoss on x

  First they ignore you, then suddenly Paraguay 🇵🇾, Argentina 🇦🇷, Panama 🇵🇦, Brazil 🇧🇷, El Salvador 🇸🇻, and Nicaragua 🇳🇮 embrace #Bitcoin

• @bitstein @bitstein on x

  El Salvador is currently the only developed nation.

• @apompliano @apompliano on x

  El Salvador has officially passed the bill that makes bitcoin legal tender in the country. A historic day for humanity.

• @cfarivar Cyrus Farivar on x

  “It is not clear what proportion of remittances sent to El Salvador are in the form of bitcoin.” https://twitter.com/...

• @thestalwart Joe Weisenthal on x

  I'm sure many elites in El Salvador already have Bitcoin, but I wonder if this change will make it easier for the wealthy to conceal their assets, obfuscate sources of income, and move money offshore.

• @ahcastor Amy Castor on x

  El Salvador has adopted bitcoin as a legal tender, meaning BTC must be accepted when offered as payment for goods and services. Using BTC is optional, and of course, nobody is going to use it https://www.reuters.com/...